1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pshichka [43]
3 years ago
12

3. According to their comparative advantage, Alphaland specializes in axes and Betaville specializes in batons. Alphaland will t

rade axes for batons if: (A) The price of batons is higher than Alphaland's cost to produce axes. (B) The price of batons is lower than Betaland's cost to produce axes. (C) The price of batons is lower than Alphaland's cost to produce batons. (D) The price of batons is higher than Betaland's cost to produce axes.
Business
1 answer:
Nady [450]3 years ago
7 0

Answer: Option (C) is correct.

Explanation:

A country has a comparative advantage in producing a commodity if the opportunity cost of producing that good is lesser in that country as compared to the other country.

From the information given in the question, it is clear that Alphaland has a comparative advantage in axes and Betaville has a comparative advantage in batons.

Hence, Alphaland will trade axes for batons only if the price of batons is lower than the cost of producing it in Alphaland. So that there is a possibility mutually beneficial trade.

You might be interested in
Ness, a broker, advises Ollie to invest in Penny Stock Inc. When the share price of Penny’s stock drops, Ollie accuses Ness of f
DerKrebs [107]

Answer: d. a misrepresentation of a fact knowing it is falso

Explanation:

Reliance that gives rise to liability for fraud requires intentional misrepresentation, that is a misrepresentation of a fact knowing that it is false. If Ness, the broker intentionally misled Ollie and advised Ollie to buy Penny stock shares based on Ness's  that the stock price will rise Ness will be charged with fraud.

5 0
3 years ago
What is one financial goal that you have? How do larger economic factors influence your pursuit of this goal?
MA_775_DIABLO [31]
If u want to succeed in live you have to but effort into what you are doing like your job and ur carreer

8 0
2 years ago
John is a drummer who purchases his drumsticks online. When practicing with the newest pair, he notices they feel heavier than u
Vinil7 [7]

Answer:

0.0042 is the probability of the stick's weight being 2.33 oz or greater.  

Explanation:

We are given the following information in the question:

Mean, μ = 1.75 oz

Standard Deviation, σ = 0.22 oz

We are given that the distribution of drumsticks is a bell shaped distribution that is a normal distribution.

Formula:

z_{score} = \displaystyle\frac{x-\mu}{\sigma}

P(stick's weight being 2.33 oz or greater)

P(x > 2.33)

P( x > 2.33) = P( z > \displaystyle\frac{2.33 - 1.75}{0.22}) = P(z > 2.6363)

= 1 - P(z \leq 2.6363)

Calculation the value from standard normal z table, we have,  

P(x > 2.33) = 1 - 0.9958 =0.0042= 0.42\%

0.0042 is the probability of the stick's weight being 2.33 oz or greater.

6 0
3 years ago
The capital allocation line can be described as the:.
juin [17]

Answer:

What Is the Capital Allocation Line (CAL)? The capital allocation line (CAL), also known as the capital market link (CML), is a line created on a graph of all possible combinations of risk-free and risky assets. The graph displays the return investors might possibly earn by assuming a certain level of risk with their investment.

Explanation:

3 0
2 years ago
You have been asked to create a code of ethics for the staff of a school paper to follow. Create a list of 10 rules based on the
Daniel [21]
Thank you for coming to Brainly with your questions :)

Here's my answer:

1. No hurtful gossip.
2. Stay professional.
3. Do not publish anything untruthful.
4. Work together as a team.
5. Meet all deadlines on time. 
6. Be accountable.
7. Avoid stereotyping, including race, ethnic, gender, sexuality, etc.
8. Be careful when it comes to what is published.
9. Do not publish anything that is misleading.
10. Support others views besides their own.


I hope this helps you. Please mark Brainliest :) Lemme know if I can do anything else to help you.

-Belle
7 0
3 years ago
Other questions:
  • Which of the below statements is inaccurate?
    5·1 answer
  • MBO works by objectives moving through the organization; that is, top managers set general organizational objectives, which are
    5·1 answer
  • In a Process-oriented layout work centers are arranged to minimize the costs of material handling. The basic cost elements for o
    5·1 answer
  • Among the 1018 ​respondents, 128 said that rising gas prices are "not at all annoying." what percentage of respondents said that
    12·1 answer
  • Draw a supply curve of smartphones. Label it. Use any prices and quantities you wish but make your supply curve obey the law of
    15·2 answers
  • Jermaine, a member of a student organization, supports the move to increase the membership fees for their organization in order
    14·1 answer
  • Having just one error on a cover letter may eliminate an applicant from being considered for employment. t/f
    7·2 answers
  • Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its r
    7·1 answer
  • A manager wrote a message using​ simple, straightforward language and focused on objective evidence by credible sources to suppo
    5·1 answer
  • Researching and planning are important aspects of choosing a career because they
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!